As part of Spotify’s ‘Stream On’ event on Monday (February 22), the company confirmed that more than 60,000 new tracks are now being ingested by its platform every single day.
The figure, announced by Spotify’s co-Head of Music, Jeremy Erlich, means that across the course of this year, approximately 22 million tracks will be added to Spotify’s catalog.
Meanwhile, at 60,000 tracks per day, Spotify is seeing a new track uploaded to its platform every 1.4 seconds.
Spotify confirmed in November last year that its platform now played host to around 70 million tracks. Therefore it’s reasonable to assume that, by the end of 2021, Spotify will be home to over 90 million tracks. And that in the early part of next year, it will surpass a catalog of 100 million for the first time.
And you can expect that 60,000-plus daily number to grow even higher in future.
In April 2019, Spotify founder Daniel Ek confirmed that his service was seeing “nearly 40,000” new tracks uploaded daily. In less than two years, that figure has increased by 50%.
Spotify certainly seems to be forecasting that its daily upload number will continue going haywire in the years ahead. During his opening monologue at the ‘Stream On’ event, Daniel Ek noted that three years ago, in 2018, Spotify had 3 million creators on its platform.
In 2019, he said, this number climbed to 5 million. And in 2020, it exploded: according to Ek, by the end of last year there were 8 million creators with recordings on Spotify.